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Brokers losing clients as channel conflict thrives

by • 13 Jun 2017
EXCLUSIVE Mortgage brokers have grown increasingly concerned about channel conflict over the last 12 months and singled...READ MORE
UNO, Vincent Turner

Most loans to be sourced digitally ‘within 10 years’, says fintech
by • 13 Jun 2017
A web-based brokerage has predicted that “within five to 10 years” most home loans will be sourced through digital... READ MORE
Suncorp Bank

Non-major announces rate hike on investor loans
by • 13 Jun 2017
A Queensland-based lender is set to increase both fixed and variable rates for investors, reflecting crackdowns on... READ MORE
Australian Prudential Regulation Authority (APRA)

Investor commitments fall sharply in April
by • 13 Jun 2017
Macroprudential regulation has had an “immediate impact” on mortgage lending, analysts have suggested, pointing to... READ MORE
MyState Bank

Broker clients shun majors as ‘anti-bank’ sentiment grows
by • 9 Jun 2017
An increasing number of Australians are telling brokers they do not want a home loan with a big four bank, a new report... READ MORE
APRA

IO borrowers could struggle to refinance, warns industry
by • 9 Jun 2017
Interest-only borrowers may have difficulty refinancing, following a crackdown from the Australian Prudential... READ MORE
blame

Aussies blame foreigners for surging property prices: report
by Staff reporter • 9 Jun 2017
Almost 60 per cent of Australians believe foreign investor activity is responsible for booming property prices, with... READ MORE
Auswide Bank

Non-major bank changes IO credit policy
by • 9 Jun 2017
A non-major lender has announced that it is implementing a policy change for new and existing interest-only investment... READ MORE
slam

Brokers slam APRA’s ‘sledgehammer’ approach to IO loans
by Annie Kane and Lucy Dean • 8 Jun 2017
The Australian Prudential Regulation Authority has been castigated by brokers for its nationwide “sledgehammer”... READ MORE
Join

Former broker boss to join LMI provider
by • 8 Jun 2017
Suncorp's former broker head, Steven Degetto, is to join a leading provider of Lenders Mortgage Insurance as its chief... READ MORE
mortgage

ASIC consults on mortgage offset class order
by staff reporter • 8 Jun 2017
The financial services regulator has released a consultation paper on its proposals to remake two instruments relating... READ MORE
Launch mortgage training course

FBAA to launch reverse mortgage training course
by • 8 Jun 2017

The Finance Brokers Association of Australia has commissioned a reverse mortgage training course for brokers.

READ MORE
Non-bank boss urges brokers to 'reinvent' themselves

Non-bank boss urges brokers to ‘reinvent’ themselves
by • 7 Jun 2017
The head of one of Australia’s largest non-bank lenders says there is a “revolution going on” in mortgage broking... READ MORE
Stop, denied, reject, not accepted

Lender stops offering owner-occupied IO fixed rates
by • 7 Jun 2017
A non-major lender has announced that new applications for interest-only repayments on owner-occupied fixed rate loans... READ MORE
Confused

Disparity between RBA and bank rates confusing mortgagors
by • 7 Jun 2017
Consumers are increasingly caught in ‘camp confusion’ as lenders increase their interest rates despite the cash... READ MORE

RBA makes cash rate decision - Jun 2017
by • 6 Jun 2017

The Reserve Bank has announced its cash rate decision following its monthly board meeting.

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Fraud

ASIC slammed for ‘persecuting’ brokers over customer fraud
by • 6 Jun 2017
A financial services lawyer has criticised the corporate regulator for persecuting brokers and believes more should be... READ MORE
complicated

Mortgage market more complex than ‘ever before’: Mortgage Choice
by • 6 Jun 2017
The recent rate and policy changes by lenders has made the mortgage market “more complicated and confusing than ever... READ MORE
House

Brokers share their views on the budget and cash rate
by • 6 Jun 2017
An industry survey has revealed that brokers are largely sceptical that the housing and banking measures announced in... READ MORE
Funds

Heritage launches fund for police officer killed on duty

by Staff reporter • 6 Jun 2017
Heritage Bank has established a fund to accept donations from the public to support the family of Senior Constable... READ MORE
team

Sydney broker's unique remuneration model
by • 5 Jun 2017
A Sydney-based broker has revealed why he pays his staff a salary and how he has managed to reduce the group’s... READ MORE
rate increase

Bank hits borrowers with 0.76% rate hike
by Staff reporter • 5 Jun 2017
A major bank subsidiary has increased the variable interest rate on owner-occupier home loans by 76 basis... READ MORE
House with key

Foreigners to pay for FHB tax breaks
by • 5 Jun 2017
The state government has announced a raft of measures to improve housing affordability including scrapping stamp duty... READ MORE
Lifestyle

Why brokers are ‘a provider of choice’
by • 5 Jun 2017
An award-winning regional broker has highlighted how brokers are providing customers with not only a choice of lender,... READ MORE
Loan fraud magnifying glass

ASIC to undertake new loan fraud project
by • 2 Jun 2017
The financial services regulator has revealed that it is currently scoping a new project into loan fraud, which could... READ MORE
house loan

New green loan product comes to broker channel
by • 2 Jun 2017
A peer-to-peer lender has launched a new green loan to help broker clients invest in sustainable and low-emissions... READ MORE
New director

Industry body appoints new independent directors

by • 2 Jun 2017
The Mortgage and Finance Association of Australia has appointed two new independent directors to its board, following... READ MORE
Brenden Lowbridge

‘Moving target’ of regulation posing challenges, says broker
by • 2 Jun 2017
An award-winning regional broker has discussed the difficulties presented by lenders’ changing appetites and... READ MORE
warning signage

Bank CEO warns against ‘white anting’ brokers

by • 1 Jun 2017
The chief executive of an Australian bank has spoken out about channel conflict in the mortgage industry and says a... READ MORE
red arrows up

Mutual lender the latest to hike interest rates
by • 1 Jun 2017
An Australian mutual bank has joined the ranks of those hiking rates on interest-only loans, and has reduced the... READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more
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